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to be in this environment? what kind of year do you expect it to be? >> we don't have price on the dow, but we continue to look at more domestic-facing companies and industries, so consumer finance are big parts of both portfolios. we think housing continues to improve, consumer continues to delever, monetary policy remains supportive, so stock-pickers, we own redwood trust, which is a mortgage reit investment jumbo. we own carmax. they invented the used car superstore, lots of growth left there. and then a final stock would be ko colfax, which we do a great job as the vascular system for the global economy. they build large fluid systems for petrochemical companies, energy companies, as the economy comes in, as industrial production comes back, they're well positioned. so, we're pretty constructive on the asset class, particularly because a lot of people don't seem to be all that constructive on the asset class. >> steve sax, what about you? where are you seeing the flow? what are investors particularly grav stating towards these days? >> it's till equities and all of last year, credential the first c
, our students, our student athletes, my children are at risk in this environment to things like this because you just don't know who you're dealing with. >> that was notre dame's athletic director on wednesday night, speaking about the revelation that a large part of the inspiring story behind their heisman trophy finalist, manti te'o, was to good to be true. in fact, the girlfriend that had died, was not true. questions about how somebody had played a cruel trick, for 30 minutes he talked about how te'o was a victim, and firmly believed he had nothing to to do with the hoax. in 2010, elizabeth seburg, at the college across the street from notre dame told the campus police she was sexually assaulted by a notre dame football player. over the next ten days, a friend of the football player sent her multiple text messages, including this one, don't do anything you would regret. messing with notre dame football is a bad idea. lizzie committed suicide on day ten, the campus police didn't get around to questioning the football player until five days after her death. he was found not re
. there is a market for a luxury car. very comfortable. it also has the added effect of being good for the environment. jeff: this not only has the electric propulsion system, but it has a generator onboard. >> you get to a certain point, the generator will kick in and recharge the battery. you can go for hundreds of miles. jeff: you see all of these folks interested. the concept is electric cadillac. it is pretty exciting to a lot of people. >> there is nobody in the luxury space that can do this right now. we will only make so many for so long. it will be on market in january. jeff: nice. bob ferguson. spent a lot of time in washington. you did a pretty good job. everyone seems to be happy. >> it was tough going for a while, but things are good now. jeff: congratulations on the car. always good to be excited about a new product. this has gm headed in the right direction. next our, pw. dagen: you'll be at the detroit auto show. thank you so much. lance armstrong opening up about doping to oprah. we have reports that the justice department is likely to join a whistleblower lawsuit filed by former team
, deficits, gun control, immigration. a lot to do and not a great environment to get it done. but with us now, two men who may not have to worry too much about that, but who may give us great insights if possible to get great things done. barney frank, the former democratic congressman from massachusetts and steve latourette, republican from ohio. first to you, congressman, as the democrat, what does the president have to do differently in the second term to have a more cooperative, working environment. to you, sir, what does the republican party need to do to try to get some things done? >> i have to differ with the preface, john. >> i thought you might. >> barack obama -- look, this notion that partisanship has taken over. it began when barack obama became president. i was chairman of the financial service committee of 2007 in the bush administration and i worked very closely with hank paulson, secretary of the treasury. we worked on putting fannie mae and freddie mac to stop the lawsuits. george bush went to harry reid and nancy pelosi in december of 2007. he said the economy is slipping,
that there's a message of getting money from this environment and things going out of control, beyond her state's ability to deal with it. >> usually, of course, this is a classic problem that the insurance company has to deal with. they damaged the offender and they want a new car. but they have a profit and discipline of bad behavior. >> so to that point, whether we were police or qwest or not, making sure that congress does not do that. what do you think? >> hinkley hefty set up a process in advance. this is a classic case. we are under the heat of battle, there are bad stories and it's tough for congress to discipline itself. >> you're just trying to make sure that the money isn't wasted. but you will grow. >> well, you do. and you have to have a profit. >> the kind of control, you know it, the residents in your state are going to get this money because it's going to bypass you to get a roof or to put a new roof on the smithsonian. >> you know, absolutely. there are profits in place. billions of dollars going on immediately. and it's really then it's really about making sure that were
students back into a peaceful and safe environment. many businesses and groups are promoting the love we have in newtown as well as fundraising to help those in most need. neighbors here and elsewhere are reaching out to each other to provide support, services, a listening ear, a should tore cry on. i have had the honor to meet people from similar events in aurora, columbine and virginia tech and hope they can teach ugh ways to help heal our families in town. i do not want to be someone sharing my experience and consoling another parent next time. i do not want there to be a next time. the sandy took promises the start of our change. it's a promise we make for our community, but we need a nation of communities to join us to meet -- i don't know yet what these changes are. i come with no preconceiveded agenda. i do believe there's no quick fix single action, but instead a multitude of interlinked actions that are needed. i love newtown. and i love sandy hook. my family chose to live here and we stand by our choice. one tragedy cannot undermine this town's spirit and love. it is already st
owners. it's much harder to get anything done that in marineland or new york, where an urban environment is much more dominant. >> sir, i wanted to get your take on a completely off-topic question here, because some are saying you have inside knowledge about whether or not there will be some political face-changing going on for your home state of kentucky, and actress ashley judd's potential bid for u.s. senate. you told the wdrv news that i think she's very interested in becoming a candidate for some office. whether. i don't know, but she's a very serious potential candidate. what makes you believe she is a very serious potential candidate? >> well, first of all, she has been engaged in public policy questions for a number of years. i've been on programs with her, for instance, in opposition to mountaintop removal mining. she's got a public policy degree from harvard. this is somebody who has always been very, very involved in issues and very interested in politics, and she sees an opportunity to make a difference now. she's got a long career ahead of her. i think acting may have lost a
's not what they get. they get dance in a totally different environment. >> reporter: the group began in a totally different environment 22 years ago with founder emilia rudolph. where did the idea come from? what was the genesis of this? >> one day clinging to a cliff in the sierra looking out at the vast view, i asked this question -- what would it be like to dance here? what would that mean? >>. >> reporter: it meant combining amelia's love of dance -- >> you open it as awe step back. >> reporter: with her then-boyfriend peter mayfield's passion for rock climbing. >> we eastern were connecting around how rock climbing and dance were very similar. >> double double, double two loops. >> reporter: for 22 years now, they have used the tools of rock climbing to scale their stages. in mexico that stage was the site of the oldest cathedral in the country. >> and stop. perfect. >> reporter: executive director thomas cavanaugh oversees the performance. safety always comes first. >> locked, two bolts -- >> reporter: after months of advance work and a week of intend rehears
the weaponry of law enforcement. it seems like it's one that should be in military type of environment, and it's unheard of and it's frightening. >> john: well, you saw the poll results. you obviously speak with the majority of americans who feel that civilians should not be allowed to own weapons that are built to kill a large amount of people at a time. >> absolutely. >> john: we have a chance to see real change? >> i must be optimistic. however, it still is a slow-moving process. i knew that the situation that happened in connecticut was definitely the straw that broke the camel's back. i'm just not that excited on how slow they're moving on this. and i really would like to get this out to the president that he needs to move full speed ahead with this. >> john: while the majority of nra members do support many same gun support measures, there is bush pack.push back. what do you hear the most. >> it is not guns that kill people. it's people that kill people. but we need to remember in a still in all four an individual, a criminal to kill someone with gun violence, it's a gun. it's what they
a better environment for them, and that helps our citizens. neil: neil, i'm for an efficient tax system, but i recognize we need taxes obviously, and i'm just wondering whether it borders on irresponsible when there's so many republicans, yourself including, bobby in louisiana, and governor bob mcdonald and getting rid of the gas tax all together, whether you're fooling people? leading them to think get rid of the taxes and survive on minor adjustments in other taxes without creating a real problem. >> neil, that's not what we're trying to do. i made it clear the plan is revenue neutral and budget neutral trying to collect the revenue because we have a certain speedometer -- responsibility in government. neil: how can that make up for just entirely taking away the state income tax? >> because right now our state income tax collects about $2.4 billion, and we exempt $5 billion in sales tax exemptions so my argument is eliminate a half of those exemptions, and you get rid of the income tax. it's simple in that regard. now, it's not that easy because there are reasons for those exemptions,
was a police cadet at 16 years old. you think the safest environment. i became paralyzed. now it just shows that you can't prevent every gun related incident. but we can make sure that we take common sense steps to keep our kids safe and the answer isn't always more guns, especiallily having more guns around our kids. so when i hear things like we're going to arm teachers, security officers in schools, it does concern me and by the way, there's a difference between trained police officers i would be much more open to that idea, we do have trained police officers, resoursz officers in schools and they certainly have a role to play, but it isn't necessarily about having guns in our schools that's going to keep our kids safe. making sure that weapons don't get in the wrong hands, criminals or people that have been ruled to be in mental health issuings that would preclude them from having a weapon because they're a danger either to themselves or to others. >> what path do you see forward? speaker john boehner has said the senate needs to act first on this gun legislation, but senator harry reid
and the environment hosted for rum. the head of fema will discuss hurricane katrina, the ongoing drought and earthquake in japan. that is on c-span 3 at 830 eastern. then the brookings institution event on innovation and the economy. >> in light of the postponement of the inauguration thehugo cha -- the inauguration of hugo chavez. this is just over an hour. >> a reminder to turn off your cell phones or anything that beeps. we appreciate that very much. well, everybody, good morning. it sounds like church almost. pretty good. [laughter] we are very pleased that you have chosen to join us on a great day here in washington. we hope the conversation will be more lively in here than the weather outside. thank you for taking some time to join us today. ambassadors, congressman, knowledgeable observers all, the quality of the audience is a very knowledgeable and experienced group that have followed venezuela for some time. so you have a very good group of folks that you're talking to. so you have to be on your best behavior. please make sure that you are. last thursday, january because, feliz
of statistics and the economic environment that we're in today? >> now, i wish i had an answer to that one. you know, i've said before that there is a highway into poverty today, and there's not even a sidewalk out. and there's very little, once you get there, and you are so there, that can be done to help you at this point in time. because there aren't the jobs, there aren't the resources, there aren't the credit limits that there used to be. so the real key here is, what can you do out there right now to prevent yourself from going into poverty? and i always say that there are three things. three things that if we could just learn to ask ourselves, before we spend a penny. number one, is it a need or a want? obviously, if it's a need, you have to buy it. if it's a want, can you just walk away? you have to get as much pleasure in saving as you do spending. this era of spending, spending, spending has got to go. and last but not least, we all have to get as much pleasu in saving as we do spending. so, you know, it's very interesting. >> suze, what if you're one of those people who's unemployed.
cliff was a friendly family discussion compared to this hatfield/mccoy environment that's unfolding with regard to spending. >> so you think this whole story is going to have some real heart-stopping moments for the markets? >> i think there will be huge consequences. recall that in the summer of 2011 the last time we faced this that the dow went down 1800 points in july and august. now, granted there were some other issues in europe that were a concern. but we could see some serious consequences as a result of these -- this inability to have a discussion on spending cuts. >> i know you're a bond specialist, but apple reducing their iphone orders and so forth. apple fell 3.5% today. $18 to 501. is this apple reduction in ipad orders, is this symbolic of an economy that's getting weaker? >> well, i think so. i think -- well, we have heard some people say that, yes, it's part apple. the company. but also, i think it is symbolic of just people not having enough certainty of what kind of money they will have in the future to spend on items such as what apple offers. >> at the same time,
're in a recessionary environment and that we've actually cut a lot out of the spending. but my concern in all this, while $2.4 trillion is a lot of money to cut over ten years, i'm still concerned about the absolute amount of the debt outstanding which is $16.4 trillion because we've been getting a big break in recent years because the fed has kept interest rates so low. when those interest rates start ticking up, as they would when they end their quaun at this taf easing program and as they would if we don't get the debt ceiling raised, then that cost of interest expense is going to go through the roof. we could be spending as much as $500 billion a year on interest expense alone and that is not a good thing. >> all right. nbc's luke russert and bill cohen -- william cohen, sorry. thank you so much for joining me. >>> next, we'll go to the bous for all of the last-minute detai details. for you... ♪white house for all of the last-minute details. inging the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! >>> this
about the environment. if you want to sexually assault somebody, basically you are being sent the message that you can do it and get away with it. >> in april 2011, the obama administration released through joe biden actually new federal guidelines on how i believe colleges should be responding to these kinds of allegations. and they included speeding up the investigation, offering the investigations or video to the local police, has that changed? do you know if that has been a significant driver of any difference here? >> you know it doesn't seem like it is. just today we learned that unc has a dean that recently retired, accused the school of basically forcing her to under -- misrepresent the number of sexual assaults on campus and say it was much lower than it was because they didn't want their school to look bad. i think what we're dealing with here, there is so much interest in putting up images, that simple little tweaks are not doing the job of getting things better. >> thank you very much for being here tonight and thank you for your work on this. >> thank you. >> "the
for silence and the environment host as forum on the disasters and environment. after remarks by fema director craig fugate, the lessons will focus on hurricane katrina, the ongoing drought and earthquake in japan on c-span 3 at 8:30 eastern. on c-span 2 at 9:00 a.m. eastern, a brookings institution conference on innovation and the economy. panelists in the day long event are scheduled to include the presidents and c.e.o.'s of alcoa, procter & gamble and nike. >> he had been talking about this dream he'd had. he talked about it for years, the american dream, and that it had become his dream and he had been in detroit just a few months before and he had talked about, you know, i have a dream that america will some day realize these principles and the declaration of independence. so i think he was just inspired by that moment. >> sunday on "after words" clayborn carson recalls his journey as a civil rights activist participating in the march on washington. it's part of three days of book tv this weekend, monday, featuring authors and books on the inauguration, president obama and martin luther k
environment. after you all go off the air, i'll go on set. the lights. they don't tell you that you get a free chemical peel with every bone marrow transplant. my skin is very sensitive. we have to see how it reacts to studio lights. my vision is still a little blurry. that is the next step. >> robin, you look amazing on camera this morning. your weight is up a little bit. when do you get back to normal day-to-day routine for you? >> you looked great in your tux in las vegas, i was watching you. but, what happens now is after i go through this dry run, my doctors will sit down with me again and we'll evaluate where i am. we're talking now, a matter of weeks, not months. i should be back some time in february. now i have a date in mind that's very personal and very important to me. but i will ultimately listen to what my doctors, of course what my doctors say and what they recommend. we have to remember, we're in the height of flu season. george. you'll talk to one of my doctors, gail, and rich, in a bit. >> robin, you have been champing at the bit. recovery takes so long. we have been e-mailin
, and if we create an environment where you are not going to have a gun show in our community, that is really all we are allowed to do. >> and let me make a push, because that seems right to many, but my concern about the prohibition areas, in the all-out ban, and also leading for the supreme court to have a stronger position on the second amendment, you get into an 18th amendment prohibition problem and the handguns are easily that people have them and easily hidden and creates a black market for them, so i love the language of the culture change, because that is what we did for cigarettes. we made it harder to smoke in public and sued the companies to pay to educate people against their own product. is that a possibility here? >> yes, i believe so. in virginia, i don't talk to a single person or audience frankly that does not understand the issue of a background check. when we vol unteer with our children at school or in church activities, we all have to undergo a background check. when you get a puppy at the pound, you have to get a background check and virtually a home study to get a pupp
environment that we're creating for ourselves and for our families. and this underlying culture of violence that leads to the kinds of tragedies that took place in newtown but also in columbine and aurora, and we can go through the list. we've almost become numb to the ticker telling us that some other community is confronting this kind of tragedy. and i think we have a responsibility as individuals and as citizens to push back on this. if this isn't the kind of culture we want, then we're going to have to say to companies, to our policymakers, this isn't -- you're going to have to stop. >> joe, i'm talking about playing nice, but i don't think that's going to work. >> and you know, the thing is, we have been focusing, of course, some on the gun lobby. >> right. >> but right after newtown, we were also talking about the responsibility of hollywood. >> right. >> and you want to talk about an industry that is completely blind to the -- you know, to their responsibility, bringing violence to culture, who was one of the most celebrated men sunday night at "the golden globes"? quentin tarantino.
to keep control. he had to control the environment. he had to control the situation. and that, again, is so similar to madoff. >> sports is filled with cheating and everybody knows it, but there is an aspect of this story that oprah asked lance armstrong which is about in order to cover up, he told a lot of lies. that included emma o'reilly, armstrong's former masseuse. she said lance, quote, tried to make her life a living hell after she went public with some of the details of his doping operation. >> what do you want to say about emma o'reilly? >> hey, she -- she's one of these people that i have to apologize to. >> mm-hmm. >> she's one of these people that got run over, got bullied. >> yeah. isn't she -- you sued her. >> to be honest, oprah, we sued so many people, i'm sure we did. >> you're suing people and you know that they're telling the truth. what is that? >> it's -- it's a major flaw, and it's a guy who expected to get whatever he wanted and to control every outcome. it's inexcusable. and that's -- when i say that there are people that will hear this and will never forgive
returns, what you're telling clients for the next three to five years? >> in this environment, we're actually asking our clients to think about three things. first we're going to have low interest rates for awhile. so they need to adjust their expected returns. so in a low interest rate environment we're going to have lower returns across all asset classes. second, we're telling our clients that as they think about the lower returns in the context of their portfolios, they also need to recognize that we are going to have volatility from incremental policy on a global basis. whether it's in the u.s., europe, japan or emerging market countries. we are expecting that policy, whether it's monetary policy adjustments, fiscal policy, it will all be incremental. and that will create market pressure because it won't be at a pace that the markets would like to see. so that will introduce volatility. and it's not something our clients should try to trace. they should look over the horizon and invest for the long run. >> looking at the long run, three to five-year term outlook if you look at
despite the fact they are working in this pernicious environment in washington. >> speaking of john boehner here, is another clip from inside obama's presidency with john boehner. >> dealing with the white house as i'm dealing with a bowl of -- like dealing with a bowl of jelge jello. they refuse to make tougher choices facing entitlement reform. that's the bottom line we are heading into the weekend with the best opportunity for preventing economic cataclysm on a global level from occurring it is now gone. there is month deal. >> it seems like barack obama and john boehner could do well to spend a couple hundred dollars and hire professional mediator. >> you know, it is probably something, as you know, much larger, much more proceed pound than that with implications, i'm now making a film about the fiscal cliff and the debt ceiling that -- that will air in about a month. you know the scary thing about it, you guys, is the idea there may be government month by month as they pass resolutions and as this -- struggle continues. both sides really hunkering down, i think, for something t
in this environment while it gives you experience and time to get them right? >> good to see you, professor. i think that question goes specifically to the larger question of the problem of principles-based rules. we are present prescriptive in our rulemaking. when we try, if you look at the proposal on general solicitation, when things are more principles-based, what we get back from lawyers, you know, trade groups, please give us a safe harbor with three easy steps and a check lists to ensure ourselves against liability both from the s.e.c. and civilly. there are oftentimes a press to get that sort of prescriptive rulemaking. quite frankly, i'm skeptical it would work because i don't know if folks would take the ball and run with it. the s.e.c., we, the commission, need to get on it and get the rules proposed and finalized. the fact that it's not done is a travesty. the deadline was in july of last year for final rules. and we only got our proposal out at the end of august. i hope and expect that there's a pathway forward. it will depend on which way chairman walter wants to go. >> could you comme
proposals. almostin today's environment whe revenue is scarce -- the more we push that back, that has a really high revenue loss figure. there is a lot of things we need to do to really help americans saved that will cost us tax revenue today that will really give us a better america in the future. we need to start thinking about that. we probably -- we talk about the american dream -- 3/4 of americans told us that they found that losing traditional pensions like when you worked at an employer and they gave you an income for the rest of your life, losing that has put the american dream at risk for 3/4 of the american people. we need to think about how we find ways to get more people saving more money and having features that look like retirement plans that give them a guaranteed paycheck. when you retire, you don't want to necessarily get a bucket of money. you need to have a paycheck to replace the paycheck you will lose. host: a viewer asks -- guest: if you are disabled or if you die, you can take the money without a penalty. death and disability -- sometimes congress has made up a
a category you're interested in, everything from education to health. even the environment. and it will use geolocation to connect you with places to volunteer. and, of course, for those of you who are just counting down the minutes, there's an app for that too, of course. it's called the inauguration countdown. it's available on ios devices. the app will break down the days, hours, minutes, and yes, even seconds until the is ceremony. so on monday as president obama takes the oath, your front row seat at the digital ceremony may just be your smartphone. >> and laurie segal joins us right now. and laurie, since this is washington, no surprise, there is already a controversy over the inauguration app. tell us about this. >> you're absolutely right. people are worried they're putting their cell phone numbers in here and a report came out that said maybe this data could be used, and handed to third parties and you could end up on an e-mail list. i asked the question, they gave me a statement. let me read it quick. they say contrary to some concerns, the app only collects one sort of user data.
since the 2010 elections when the democrats took a beating has crated the current environment. the president is strong. going forward in the second term, does he try and reduce the deficit? does he try and fix long term problems with social security and medicare or does it make it about scoring political points on things like taxes on the super rich or gun control issues that don't matter to your average american. if you listen to his rhetoric, i'm not optimistic about the second term. >> is he on a roll or is he stalled as he begins the second term? >> well, i would disagree strongly with chris and say these are scoring political points and not things that resonate with the average american. if they did not resonate, he would not have won a second term. all these issues including raising taxes on the rich are supported by strong majorities of americans. one issue that he'll taken on not on the radar screen three months ago or certainly a year ago is obviously the issue of reducing gun violence. this is supported by vast majorities of americans, simple common sense laws like r
in the environment, you learn every square inch of the beautiful everglades. >> reporter: these fields of saw grass and marshy woods are also home to 68 threatend or endangered species. birds, hundreds of alligators, and something you can't see, tens of thousands of burmese pythons. the snakes are foreign predators devouring the native animals that belong here. they can eat bears, you say, even panthers? deer? >> deer, hogs, and smaller animals. >> reporter: which is why on saturday the state of florida kicked off what it calls the python challenge. a month-long snake hunt with prizes for those who catch and kill pythons. 1,000 people have signed up, most of them amateurs like sean and kate hicks of georgia. >> we have zero experience, zero hunting experience, and i've never killed anything ever. we'll see. i don't know. >> reporter: sean heard about the challenge and signed up as a christmas present for his wife. >> we brought a big 18-inch machete, knife. so -- >> reporter: do you know how to use it? >> no, never used it in my life. i assume i swing it real hard. rep
is going to keep giving or taking. the environment we live in is still conducive to be la tij jous because no one can make any money. carl, back to you. >> rick, we'll talk to you in a bit. rick santelli. >>> goldman is making waves with its bonus payouts. mary thompson has a flash. >> the company confirming that goldman has decided not to delay the bonus payments until april which would have allowed the bonuses to be taxed at a lower rate. goldman sachs' stock is slightly higher, about three-quarters of a percent. those payments originally due here in the u.s. in 2013 but the company, again, accelerated those payments into 2012 to take advantage of lower tax rates. again, the uk says -- someone close to the company saying that after some consideration, it will not be delaying bonus payments there to take advantage of lower rates. back to you. >> yeah, not the only bank where compensation is in the news. thank you, mary. >>> a few minutes left in europe's trading days. simon hobbs in less than 60 seconds. and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched
proportionally because it was a real working-class environment which i grew up. so you didn't have mounds of food on your plate. and there were no snacks in our house. we didn't have potato chips or cookies. my mother would bake cookies once a week and then you'd have them as a treat. it was a whole different eating plan even though we were knocking back cokes all day long. >> with all due respect, i've heard this from joe, that's great that you ran all day. wonderful. that about the kids over the past 10, 20, 30 years who drank five cokes a day and didn't do that. >> is that coke's fault? that's the question. >> actually, it's part of a bigger problem just like the gun debate, okay? >> look, i have friends at coca-cola and friends at most of the soft drink companies. i think you've got to give them credit for at least putting this out there and saying obesity is an issue in america, and calories do count, and we're now talking about it as a result of them doing that. and it probably will generate some kind of a dialogue. >> i'll give them credit skeptically because i think they're covering thems
Search Results 0 to 41 of about 42 (some duplicates have been removed)